Technical Forecasts

BRL to Weaken as Markets Get 'Real'

The Brazilian Real is forecast to fall in the second half of 2018 as hopes that a new right-wing administration will deliver much-needed fiscal reforms fall on hard ground, as they encounter 'blockages' and implementation delays.

USD/JPY: Technical Analysts are Still Bullish

USD/JPY has been range-bound for several weeks but is now ticking higher and a close above 112.15 would be a bullish confirmation sign for the pair, according to Richard Perry, an analyst at Hantec Markets.

The Mexican-Peso-to-Brazilian-Real rate is subject to a perfect storm of conditions that could see the exchange rate rip higher, according to Exante Data analysts, who said Thursday that Latin America may be the new El Dorado for traders seeking volatility.

USD/CAD Reverses Losses but Charts Yield Few Clues about whether Bull-run can Endure

The USD/CAD pair managed a 24hr turnaround midweek, recouping all of its previous losses before going on to reach a new high for August, although the charts are giving off mixed messages about whether this bull-run can endure.

The Brazilian Real is forecast to fall in the second half of 2018 as hopes that a new right-wing administration will deliver much-needed fiscal reforms fall on hard ground, as they encounter 'blockages' and implementation delays.

USD/JPY has been range-bound for several weeks but is now ticking higher and a close above 112.15 would be a bullish confirmation sign for the pair, according to Richard Perry, an analyst at Hantec Markets.

The Mexican-Peso-to-Brazilian-Real rate is subject to a perfect storm of conditions that could see the exchange rate rip higher, according to Exante Data analysts, who said Thursday that Latin America may be the new El Dorado for traders seeking volatility.